Hopefully this proposed new legislation will be passed before next tax season. It could be good news for all taxpayers especially those who owe the IRS back taxes. The bill will make it easier for taxpayers to enter into an installment agreement or have an offers-in-compromise agreed to without requiring chief counsel review for offers in compromise of over $50,000. Proposed by Senators Chuck Grassley, R-Iowa, and John Thune, R-S.D. the legislation would "improve customer service at the Internal Revenue Service, create new taxpayer protections, and update and strengthen existing taxpayer protections."
With the IRS entangled in the most pervasive tax fraud in history, your tax problem may seem like small potatoes. If you think for a moment that their attention will be diverted away from the money you owe them, think again. Even though a recent article published in The Hill calls for "all hands on deck" and quoted Orrin Hatch and Ron Wyden as saying, "Any solution must involve coordination between Congress, the IRS, state agencies, law enforcement, and the tax preparation industry." (http://thehill.com/policy/finance/244092-congress-to-irs-all-hands-on-deck-on-tax-fraud)
Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of "Successonomics reports on a change in IRS Identity Theft Policy that finally helps the taxpayers by releasing fraudulent tax returns to the victims thus relieving the stress of being victimized twice.
The good news is they did it! The IRS has agreed to help the victims of identity theft instead of protecting the criminals. According to an article in Accounting Today, "The Internal Revenue Service has agreed to change its policy on identity theft and provide victims with copies of the fraudulent tax returns that have been filed under their names by scammers." (www.accountingtoday.com/news/tax-practice/irs-changes-identity-theft-policy-74762-1)
Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of "Successonomics" acknowledges that the IRS rarely gives anything away, though it's the least they can do for the 104,000 taxpayers whose identities were stolen through the IRS Get Transcript application.
It isn't often we hear about the IRS giving something away for free. But, considering the fact that 104,000 taxpayers had their identities stolen and were unable to file their tax returns because thieves were able to access their personal information through the IRS's "Get Transcript" application, well it seems that's the least the IRS could do.
Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of "Successonomics compares the IRS to a spoiled, petulant child resistant to changing its ways when it comes to the Bank Secrecy Act. Though he believes progress is being made.
The Internal Revenue Service will try to get money from taxpayers any way it can. And that means targeting innocent American businesses as tax evaders and terrorists under the Bank Secrecy Act. Even though Congress pressured the IRS into changing its policies last year, the IRS has not yet begun efforts to cease and desist. The IRS continues to turn the lives of business owners upside down and in many cases ruin their businesses through this program, also referred to as the Civil Asset Forfeitures Act. Yet, their activities are being observed by groups such as The Institute for Civil Justice, a law firm in Arlington, VA, that has represented several business owners and helped them get their cases overturned and the money the IRS took from them returned.
Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of "Successonomics" says that the government is slow to change even though the IRS said it would not target innocent citizens in their Civil Asset Seizure program.